85 Wakefield Street, Auckland Central, Auckland City, Auckland
Auckland, New Zealand
Guide Price
$190820
329000 NZD
PROPERTY TYPE
Condo
BEDROOMS
1
BATHROOMS
2
Description
Step into a life of convenience and style with this stunning city apartment, a brilliant find for both investors and first-time buyers. This beautifully renovated unit
features a sleek kitchen and new flooring, setting it apart from the rest. The thoughtful upgrades not only enhance the living space but also ensure the apartment consistently outperforms others in rental returns. With a proven track record and the potential for 6%+ net returns, this is an investment opportunity that's hard to ignore. Ready to move in and bank-friendly, it's perfect for those looking to make their first property purchase. Nestled in a modern building, this apartment is in prime position within Auckland's bustling university district. It's a
location that promises perpetual rental demand due to its proximity to educational institutions, transport links, and vibrant city life. Whether you're seeking an investment that truly delivers or a home that offers the best of city living, this apartment is your gateway to a premium urban lifestyle. Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you. Some photos used are of a similar unit in the same complex; however, please note that the furniture, outlook, and finishes may vary. For more specific details, please refer to the chattels list.
Location
Open in Google MapsLiving in Auckland
Multicultural harbor city that feels like a softer version of California -- great food scene, easy nature access, and a strong work-life balance culture. Housing is expensive (NZ ranks 7th globally for home prices) and everything costs more due to import prices, but salaries come with generous time off and strong worker protections. The biggest adjustment is the distance -- getting home to visit family is a long, expensive flight.
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Bailey Sauerbier - Apartment Specialists Group Ltd (Licensed: REAA 2008) - Auckland
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD